Deficit Scold News Today

Americans living on tips has become unlivable. a collaboration with the fuller project, a non-profit woman-led team of journalists reporting on issues impacting women. also joining us, vice president and director of governance studies at the brookings institute, darryl west. hes the author of divided politics, divided nation. as you were going on, alex said to me, if only we had three people who could talk about this issue, and i think we do. >> ive always been a deficit scold. >> yes, you are. ...

>> were not interested in shutting the government down. what happens on march 1 is spending goes down automatically. march 27 is when the moment youre talking about, the continuing resolution expires. we are more than happy to keep spending at those levels going on into the future while we debate how to balance the budget, grow the economy, create economic opportunity. thats the kind of debate the country deserves. by the way, if we keep going down this path, we will have a debt crisis. its not ...

Thought you cant do that, you have to pay the governments bills. do you think this fight over priority is worth shutting the government down? >> were not interested in shutting the government down. what happens on march 1 is spending goes down automatically. march 27 is when the moment youre talking about, the continuing resolution expires. we are more than happy to keep spending at those levels going on into the future while we debate how to balance the budget, grow the economy, create economic...

May disagree with you in some areas but agree about the impending debt crisis. some on the left disagree, calls you a deficit scold and worse than that. but the point is youre being alarmist about the deficit and its relationship to how the economy performs and grows. heres what he wrote in his column on friday. it was in fact a good thing that the deficit was allowed to rise as the economy slumped. with private spending plunging as the housing bubble popped, the willingness of the government to...